Gardena, CA 90247,1114 W 155th ST
Gardena, CA 90247,1114 W 155th ST
Gardena, CA 90247,1114 W 155th ST
10
$1,500,000
$1,525,000
1.6%
Est.Price: ?

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6,303 Sqft Lot

1114 W 155th ST Gardena, CA 90247

Est. payment /mo
SOLD DATE : 05/29/2025

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Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25087307

Sold Date 05/29/25

HOA Y/N No

Year Built 1987

Lot Size 6,303 Sqft

Property Sub-Type Mixed Use

Property Description

We are pleased to present 1114 W 155th St, Gardena. Boasting 1987 construction, the 4-unit multifamily property features all spacious 2-bedroom, 2-bathroom units. This well-kept building offers strong current performance with a 5.02% CAP rate and upside potential, reaching a 6.01% CAP rate (Proforma) and GRM of 12.22 (Proforma). The unit mix of 2+2 is very desirable as it appeals to two working professionals and two of the units enjoy private balconies. The property also includes a secure parking garage with 8 spaces, offering excellent ADU potential for added value. Tenants appreciate the on-site laundry facilities and the peace of mind provided by an electronically operated security gate. Located west of Vermont Avenue, this property offers easy access to the 110 Freeway and is just minutes from El Camino College, Alondra Park, and the Alondra Park Golf Course, making it an appealing location for renters. Don't miss the chance to own a low-maintenance, income-generating asset with no local rent control in one of the South Bay's most accessible neighborhoods.

Location

State CA

County Los Angeles

Area 119 - Central Gardena

Zoning GAR4

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 8

Pool None

Community Features Curbs, Golf, Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Lawn, Landscaped

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6113033016

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc. • 949-933-1112
Bought with Anna Kadinowa • Christie's International Real Estate SoCal

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agent

Frank Sottile

Broker Associate | License ID: 00900300

+1(760) 952-0019

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